Wolverine World Wide, Inc.
—- Market cap
- $1.70B
- Debt
- +$621.70M
- Cash
- —
Complete market value, debt and cash evidence is required for enterprise value.
Capital structure 73% equity / 27% debt
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 ·
Decision snapshot: WWW stock price near parity vs INCY $20.76 current versus $22.54 implied using P/E multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at INCY's multiple
Implied fair value · at WWW's multiple
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth lag
Pricing power
Operating leverage
Multiple discount
Value edge
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: WWW FY 2026 (ended Jan 3, 2026) · INCY FY 2025 (ended Dec 31, 2025). Fiscal years are not aligned.
Trendline
Six fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Complete market value, debt and cash evidence is required for enterprise value.
Capital structure 73% equity / 27% debt
Capital structure 94% equity / 6% debt · EV / Revenue 4.62x · EV / EBITDA 13.50x
INCY carries the larger enterprise value at $23.73B against $2.33B; WWW trades on the lower EV / Revenue multiple (1.24x vs 4.62x); WWW on the lower EV / EBITDA (13.03x vs 13.50x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
WOLVERINE WORLD WIDE, INC. · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
INCYTE CORPORATION · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
1.52x
0.29x
Net debt / EBITDA
Leverage against operating earnings
—
-0.90x
Cash and equivalents
Liquid reserves on the balance sheet
—
$3.10B
Total debt
Interest-bearing obligations outstanding
$621.70M
$1.51B
Comparable set
Where the pair sits against the wider comparable set.
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